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Syria grants Iran fuel imports 'exclusive' tax exemption
- Syria: Thursday, April 04 - 2013 at 01:25
The Syrian government has issued an 'exclusive' tax exemption on fuel imports from Iran until the end of June, Reuters has reported. Rhe cabinet decided "to issue an exclusive exemption on taxes and customs on oil, fuel and gas imports from Iran until June 30, 2013," said the state news agency, SANA. Syria has been s suffering from a severe fuel shortage since the outbreak of a spiralling conflict more than two years ago. Prior to the outbreak of the conflict in March 2011, Syria produced some 400,000 barrels of oil a day. Production has since dropped by half. Most of Syria's oil is used for domestic consumption.
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